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New Investors Led Crypto Selloff Last Week, Miners Had Limited Effect
27.5.2021
Bitcoin (BTC) miners did send more BTC to exchanges at the end of last week, but so did others, according to Phillip Gradwell, Chief Economist at on-chain analytics and intelligence firm Chainalysis, which suggests that miners did not drive further price declines. Meanwhile, most of the BTC...
Executives from China’s Largest Bitcoin Mining Firms Speak About Regulatory Crackdown
27.5.2021
During the course of the week, the cryptocurrency community has been focused on China and the country’s Financial Stability Board detailing that it aims to crack down on the bitcoin mining sector. Following the statements from Chinese officials and a few crypto businesses abandoning services...
GamerHash (GHX) Token Is Now Listed on Bitcoin.com Exchange
27.5.2021
PRESS RELEASE. Bitcoin.com Exchange is thrilled to announce the listing of GHX, being available to trade on the 27th May 2021 at 10:00AM UTC. GHX (GamerCoin) was created by the GamerHash team, as an incentive for the miners within the app and as a reward for carrying out the tasks on...
Nvidia reports record earnings, claims it's 'hard to determine' impact of crypto miners
27.5.2021
Despite the surging crypto market rally, Nvidia believes its record first-quarter earnings are the result of high demand from the gaming industry
Beijing’s Distaste for Bitcoin Mining Spreads to Inner Mongolia, Miners Could Face a ‘Social Credit Blacklist’
26.5.2021
Beijing’s recent crackdown on the cryptocurrency industry has found its way into Inner Mongolia according to a recent report. Inner Mongolian officials plan to introduce harsh penalties to bitcoin mining operations using the region’s grid without permission from authorities. New Rules...
China to socially blacklist Bitcoin miners in Inner Mongolia region
26.5.2021
China's crackdown on crypto mining could see offenders blacklisted from basic social and financial services if caught
Chinese Miners Block Mainland IP Access as Beijing’s Purge Intensifies
26.5.2021
China’s struggle with Bitcoin (BTC) miners appears set to rumble on, as two Chinese players moved to restrict access from Mainland Chinese IP addresses – and one of the biggest mining hotspots in the country making ominous statements about mining “shutdowns.”
BitDeer, a mining group established...
Shark Tank’s Kevin O’Leary Expects Flood of Institutional Money Into Bitcoin When ESG Standards Are Met
26.5.2021
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has predicted that a flood of institutional money will flow into bitcoin once miners have addressed the renewable energy and environmental, social, and governance (ESG) issues. He said the flood will begin when bitcoin meets the ESG standards...
Data Shows Bitcoin Addresses in Accumulation Captures Fresh New Highs
25.5.2021
After bitcoin prices dipped to a low of $30,066 per unit last week, lots of people have been focused on the panic sellers. Meanwhile, when bitcoin prices plunged, the number of bitcoin addresses in accumulation tapped an all-time high at 545,115 addresses. Number of Bitcoin Accumulation Addresses...
Crypto Proponents Become Skeptical of Closed-Door Meeting Between Billionaires and Bitcoin Miners
25.5.2021
After Tesla’s Elon Musk and Microstrategy CEO Micheal Saylor revealed the revelation of a newly created “Bitcoin Mining Council,” the news became a viral subject. While some crypto supporters like the idea, others have been skeptical of a couple of billionaires having closed-door...
Musk Connects With Na Bitcoin Miners for Sustainability
25.5.2021
After a disastrous week in the Bitcoin industry and hate messages for Elon Musk, the Tesla founder on his new tweet mentioned that he had a word with North American Bitcoin Miners. They committed to publishing planned renewable usage. This latest tweet from the Bitcoin backing giant helped to push...
Elon Musk Convinces Miners to Form ‘Bitcoin Mining Council’ to Promote Renewable Energy Usage
24.5.2021
Tesla CEO Elon Musk has spoken with North American bitcoin miners and they have committed to forming a Bitcoin Mining Council to “promote energy usage transparency & accelerate sustainability initiatives worldwide.” They have also agreed to publish their current and planned...
Bitcoin Mining Operations Btc.top and Hashcow Cease Offering Services in China
24.5.2021
Following some stern warnings from a few major trade associations and regulators in China, two prominent exchanges, Huobi and Okex, have stopped offering services to Chinese residents. After the two exchanges halted specific services to residents of mainland China, two bitcoin mining operations...
Amid Stern Warnings from China Crypto Firms Huobi and Okex Halt a Few Services
24.5.2021
On Friday, the cryptocurrency community discussed a report stemming from China’s 51st meeting of the Central Financial and Economic Affairs Commission that reiterated warnings about bitcoin mining. The following Sunday, reports disclosed the cryptocurrency operation Huobi has suspended...
BTC Mining Devices ‘Out of Stock’ Worldwide- 6 Chinese Mining Rig Makers Dominate the ASIC Industry in 2021
23.5.2021
While bitcoin prices have slid in value and the high network difficulty, the leading crypto asset is still quite profitable to mine according to current data. Despite the profitability, these days there are only a few manufacturers producing application-specific integrated circuit (ASIC) machines....
Iran to Shut Down Licensed Crypto Miners in Peak Hours of Power Consumption
23.5.2021
Citing a need to maintain a stable electricity supply for other users, Iran will be pulling the plug on cryptocurrency mining farms whenever power consumption peaks. The measure intended to deal with shortages will target licensed facilities despite the government admitting that illegal crypto...
Green Investments Help Bitcoin Miners Amid Possible Regulatory Crackdown
20.5.2021
Regulators have been moving into multiple areas of the crypto industry, and they will – in one way or another – come after crypto mining powered by non-renewables, according to two miners that talked with Cryptonews.com.
However, as the concerns, facts, and misinformation over Bitcoin (BTC)’s...
Nvidia Aims to Get Its GPUs Back ‘Into the Hands of Gamers’ by Reducing Mining Capabilities on 3 Graphic Cards
20.5.2021
A major chipmaker keeps making efforts to calm down the gaming community’s anger toward cryptocurrency miners who are taking the lead in buying graphic cards massively, boosting its prices. Nvidia has announced that it will deliberately limit the capabilities for some of its newly graphic...
Inner Mongolia sets up hotline to report suspected crypto miners
19.5.2021
Authorities in Inner Mongolia are cracking down further on crypto mining operations that may be jeopardizing the region's bid to reduce carbon emissions
Nvidia Is Trying To Stop Crypto Miners Buying RTX 3000 Series Cards
19.5.2021
Earlier this year, Nvidia announced that their GeForce RTX 3060 graphics cards would ship with a “reduced Ethereum hash rate”, making them a lot less useful for crypto miners. They’re now extending that move to the RTX 3080, RTX 3070 and RTX 3060 Ti as well.Read more